News

Judge orders withdrawal of Detroit bankruptcy petition

Judge orders withdrawal of Detroit bankruptcy petition

A judge has ordered a Detroit petition for bankruptcy to be withdrawn. Photo: Associated Press

DETROIT (Reuters) – A Michigan judge on Friday ordered Detroit’s state-appointed emergency manager to withdraw the federal bankruptcy petition he filed for the city on Thursday.

Ingham County Circuit Court Judge Rosemarie Aquilina’s order said the 2012 Michigan law that allowed Governor Rick Snyder to approve the city’s bankruptcy filing, the largest municipal bankruptcy filing ever in the United States, violated the Michigan Constitution.

The declaratory judgment came in lawsuits filed this month by Detroit pension funds, retirees and workers, which sought to prevent a bankruptcy filing that would ultimately impair retirement benefits in violation of constitutional protections for those benefits.

Recent Headlines

in National

Ford recalls nearly a half-million vehicles

ford

Ford has recalled several models, including the Mustang and Taurus, for a power steering problem.

in Entertainment

Want something sold? Get Liam Neeson to pitch it

liamneeson

The "Taken" star has edged out fellow Irish actor Pierce Brosnan to be named the most effective celebrity pitchman.

in Local Sports

Carroll doesn’t have much to say on Wilson contract situation

Fresh
Seattle Seahawks coach Pete Carroll watches players during NFL football training camp Wednesday, Aug. 14, 2013, in Renton, Wash.

Star QB thought to be seeking a nine-figure deal

in Local Sports

State golf getting underway today

prep sports dl

Post 7 Legion team wins season opener

in Entertainment

‘The Shining’ cast reunites for 35th anniersary

shining

Members of the cast and crew of classic horror film “The Shining” came together on Tuesday to commemorate the 35th…